What Incotec does

Incotec (legal entity: Innovación y Consulting Tecnológico, S.L.) is a privately held Spanish innovation consultancy founded in 2001, headquartered in Madrid, and operating across 9 domestic offices (Madrid, Barcelona, Valencia, Zaragoza, Sevilla, Vigo, Vitoria-Gasteiz, Bilbao, Tenerife) plus international offices in Pulheim/Cologne (Germany) and Brussels (Belgium). The firm specializes in helping industrial and technology companies identify, finance, and exploit R&D+i activities, operating across four service lines: (1) Innovation and Investment Financing — including Gestión de Ayudas Públicas (GAP) for national public aid (CDTI, ministries, PERTEs), Gestión de Ayudas Públicas Internacionales (GAPi) for EU programs (Horizon Europe, LIFE, Innovation Fund, Eurostars, IPCEI), and Public Procurement of Innovation (CPI); (2) R&D+i Fiscal Incentives — including R&D+i Tax Deductions (up to 42% for R&D, 12% for technological innovation), Tax Lease monetization through AIEs, Patent Box advisory (up to 60% Corporate Income Tax base reduction), and Social Security rebates for research staff; (3) Sustainability Consulting through Energy Saving Certificates (CAEs); and (4) Innovation Management — including Open Innovation Committees, Startup Acceleration, and Intangible Asset Valuation. The firm operates on a professional services revenue model with quote-based pricing and a success-fee structure on certain engagements, positioning itself as a strategic partner rather than a software vendor. Its core technical capability is a proprietary four-phase Innovation Cycle Methodology (Identification & Planning, Inspiration & Stimulation, Financing & Return, Exploitation of Results), supported by a multidisciplinary team combining technical, fiscal, and financial expertise. Reported operational scale includes approximately 600 R&D projects certified annually, over 660 million EUR in managed expenditure in 2023–2024, 130 million EUR in subsidies obtained in the same period, and a stated 94% success rate in R&D deductions and 70% in public aid applications. Headcount is in the 101–250 range, and the company has integrated Adigest under its brand umbrella, making it one of the five principal innovation consultancies in Spain. Customer segments span industrial sectors (Agri-food, Automotive, Chemical, Pharmaceutical, Plastics, Ceramics, Metallurgy, Renewables, Hydrogen, Textile, Naval, Aerospace, Defense) and technology sectors (Biotech, AI, Software, Cybersecurity, Telecom), serving both large enterprises and SMEs/startups on a horizontal segmentation basis.

Name

Incotec

Legal name

Innovación y Consulting Tecnológico, S.L.

Website

https://incotec.es

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Incotec is a Madrid-based, 25-year-old Spanish innovation consultancy that helps industrial and technology companies finance and monetize R&D+i activities through national and EU public funding management, R&D+i tax incentives (deductions, Tax Lease, Patent Box), sustainability certificates, and innovation management services across 11 offices in Spain, Germany, and Belgium.

Ownership category

akta.pro rank

Product category

Innovation Consulting Services

NAICS

Professional, Scientific, and Technical Services (54), Scientific Research and Development Services (5417)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Risk, Controls & Governance (GRC) Platforms (FSAFAOAG)

Keywords

• Innovation consulting
• R&D tax incentives
• Public funding management
• R&D project financing
• Innovation management

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Innovation Consulting Services: Incotec generates revenue through professional consulting fees for innovation management services. The company works on a success-fee basis, stating that if expected results are not achieved, they do not charge. This aligns their revenue with client outcomes. Services span four lines: public funding management (national and EU), R&D+i tax incentives, sustainability/CAE management, and innovation management consultancy.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Incotec is an innovation consultancy that helps industrial and technology companies identify innovation opportunities, secure public funding, and optimize R&D+i fiscal incentives. Services cover national and EU public aid management, Public Procurement of Innovation (CPI), R&D+i tax deductions, Tax Lease, Patent Box, social security rebates for researchers, Energy Saving Certificates (CAEs), Open Innovation Committees, startup acceleration, and intangible asset valuation. Delivery is anchored by a proprietary four-phase Innovation Cycle Methodology covering identification, inspiration, financing and results exploitation.

Product overview

Incotec is a consultancy firm offering a comprehensive portfolio of innovation and R&D+i financing services organized into four main service lines: (1) Innovation and Investment Financing (encompassing GAP for national public aid, GAPi for international/EU funding, and CPI for Public Procurement of Innovation); (2) R&D+i Tax Incentives (including Tax Deductions, Tax Lease, Patent Box, and Social Security Rebates for research staff); (3) Sustainability Consulting focused on Energy Saving Certificates (CAEs); and (4) Innovation Management (comprising Open Innovation Committees, Startup Acceleration, and Intangible Asset Valuation). The offering is structured as a services portfolio rather than a software product, with each service addressing specific stages of the innovation cycle from identification and planning through financing, execution, and results exploitation.

Differentiator

Problem solved

Functional benefit

Brands

• Adigest: Adigest has been integrated under the Incotec brand umbrella, becoming one of the five main innovation consultancies in Spain.

Products and services

• Gestión de Ayudas Públicas (GAP) Strategic management of public aid applications for innovative companies across national and regional funding opportunities, including CDTI, ministerial programs, and PERTE. Includes Plan Director de Ayudas methodology, project structuring, consortium coordination, and end-to-end support through application, execution, and justification phases.
• Gestión de Ayudas Públicas Internacionales (GAPi) Comprehensive international public aid management specializing in European funding programs (Horizon Europe, LIFE, Innovation Fund, Eurostars). Provides consortium formation, proposal writing, project management, and Grant Agreement preparation support.
• Compra Pública de Innovación (CPI) Public Procurement of Innovation consulting that helps companies transform R&D into publicly-funded contracts. Covers strategic CPI planning, Market Preliminary Consultations (CPM), offer preparation, contract adjudication, and project justification support across sectors including medical technology, biotechnology, aerospace, and cybersecurity.
• Deducciones Fiscales I+D+i Tax deduction management for R&D+i activities enabling up to 42% deduction for R&D projects and 12% for technological innovation. Includes project identification, innovative content structuring, motivated report management, and coordination with tax advisors for Impuesto de Sociedades optimization.
• Tax Lease de I+D R&D Tax Lease advisory allowing companies to monetize tax deductions by assigning them to investors through Economic Interest Groupings (AIE). Provides direct financing without dilution or guarantees, compatible with public subsidies.
• Patent Box Advisory service for applying Spain's Patent Box regime, enabling up to 60% reduction in Corporate Income Tax base for revenues from intangible asset exploitation, including patents, utility models, industrial designs, and registered software.
• Bonificaciones por Personal Investigador (BBSS) Social Security rebate consulting for research staff, providing up to 50% reduction in employer contributions for workers dedicating a minimum of 85% of time to R&D+i activities. Includes profile identification, activity documentation, and Pyme Innovadora certification support.
• Certificados de Ahorro Energético (CAEs) Energy Saving Certificate management consulting that enables industrial companies to monetize energy efficiency investments. Covers project analysis, official certification, and CAE sale to obligated entities, compatible with tax deductions and public aid.
• Comités de Innovación Abierta Open Innovation Committee management service that structures corporate innovation through external technology partnerships. Includes 360-degree analysis, committee design, operational strategy, R&D direction, and innovation initiative evaluation.
• Aceleración de Startups Startup acceleration service that connects technological solutions with market, investment, and strategic partners. Includes business model validation, direct capital access, B2B network development, investor readiness preparation, and 360-degree accompaniment.
• Valoración de Activos Intangibles Intangible asset valuation service for technology companies identifying, classifying, and valuing R&D results. Covers technical-economic reports, inventory classification, cost/market/income approaches, and support for Patent Box applications and M&A transactions.

Quantifiable outcome

• 94% success rate in R&D deductions projects
• +7 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered core, minor and moderate.

• Innovation and Consulting Technological, S.L. (Legal Entity)coreOthersIncotec operates under the legal entity 'Innovación y Consulting Tecnológico, S.L.' The company mentions the integration of Adigest under the Incotec brand umbrella, making it one of the five main innovation consultancies in Spain. The company also maintains a network of public and private technological partners for open innovation collaboration.
• AdigestminorOthersAdigest has been integrated under the Incotec brand umbrella, becoming one of the five principal innovation consultancies in Spain. This consolidation strengthens Incotec's market position.
• AMETIC (CPI Working Group Coordinator)coreStrategic or Co-development PartnerIncotec is the coordinator of the CPI (Public Procurement of Innovation) Working Group at AMETIC (the Spanish Technology, Digital and Telecommunications Industry Association). This positions Incotec as an active agent in the ecosystem through participation as a speaker in various webinars and events. AMETIC's CPI positioning document was co-developed with Incotec's participation.
• European Commission (Horizon Europe, LIFE, Innovation Fund, Eurostars)coreStrategic or Co-development PartnerIncotec manages European funding programs including Horizon Europe, LIFE, Innovation Fund, and Eurostars on behalf of clients. The company participates in more than 30 international projects and has managed over 50 international projects since 2017. Experience in IPCEI projects including med4cure (Health) and IPCEI Hy2Tech (Hydrogen Technology).
• IDAE (Institute for Energy Diversification and Saving)coreStrategic or Co-development PartnerIncotec has achieved an 80% success rate in IDAE calls, positioning the firm as a highly effective intermediary for energy efficiency and savings certificate (CAE) management for clients.
• ENAC (Entidad Nacional de Acreditación)minorOthersIncotec works with ENAC-certified entities for the certification of Tax Lease projects, ensuring compliance with accreditation requirements in their financial structuring processes.
• Spanish Public Administration Entities (CDTI, Ministries, PERTEs)coreStrategic or Co-development PartnerIncotec manages aid programs at CDTI level, ministerial programs, and PERTEs (Strategic Projects for Economic Recovery and Transformation). Notable achievements include: 2nd best score nationally in PERTE VEC, 2nd best score nationally in PERTE AGRO, 1st best score nationally in PERTE NAVAL.
• Public and Private Technological Partners (Open Innovation Network)moderateStrategic or Co-development PartnerIncotec facilitates connections between clients and public and private technological partners — research centers, universities, companies — whose work complements client activities. These collaborations generate future innovation lines and help define business expansion potential and product creation.

Scale indicators17 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Zabala Innovation Consulting: Spanish innovation consultancy offering R&D+i tax incentives, public funding management, and innovation strategy. Listed alongside Incotec as one of the five main innovation consultancies in Spain and competes head-to-head for the same industrial client base.
• Ayming: European-headquartered consulting firm specializing in R&D tax incentives, innovation funding, and HR/fiscal optimization. Operates a large Spain office with a nearly identical service portfolio to Incotec (tax deductions, grants, Patent Box).
• FI Group (Auxeci Group): International R&D tax credit and innovation funding consultancy with strong Spanish presence. Provides R&D+i tax incentive advisory, financing, and public funding management — directly overlapping Incotec's core four service lines.
• PNO Innovation: European innovation and grant management consultancy with offices across multiple EU countries. Specializes in Horizon Europe, national funding applications, and innovation strategy — directly comparable to Incotec's GAPi international service line.
• CETA Consultores: Spanish innovation and R&D+i consultancy providing tax deductions, public funding advisory, and project certification. Competes in the same Spanish SME and large-enterprise segments as Incotec.
• Gestioo Innovation: Spanish innovation consultancy focused on R&D+i certification, tax deductions, and public funding applications for SMEs and startups. Overlaps with Incotec's SME/startup segment and Tax Lease/Deducciones service lines.

Emerging players

• FundingBox: European funding platform combining grant advisory (Horizon Europe, EIC, ESF+) with fintech-enabled acceleration. Competes with Incotec on the international funding front while offering a more technology-enabled delivery model.
• GrantXpert Consulting: European innovation funding consultancy specializing in Horizon Europe, EIC, and national grants. Competes for the same international project consortia Incotec pursues through GAPi.

Broad incumbents

• KPMG Spain: Big-4 firm with a dedicated R&D tax credits and innovation incentives practice in Spain. Competes with Incotec on enterprise R&D tax advisory while offering broader tax, audit, and consulting services that exceed Incotec's scope.
• Deloitte Spain: Big-4 firm with significant R&D tax credit, innovation incentives, and EU funding advisory capability in Spain. Competes with Incotec for large-enterprise R&D tax mandates and has substantially greater resources and brand recognition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/incotec-s-i-
• Xx.com/Incotec_SL

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Incotec